With reference to the Indian economy, “Collateral Borrowing and Lending Obligations” are the instruments of: (a) Bond market

With reference to the Indian economy, “Collateral Borrowing and Lending Obligations” are the instruments of:

(a) Bond market
(b) Forex market
(c) Money market
(d) Stock market

Correct Answer: (c) Money market

Explanation:
Collateral Borrowing and Lending Obligations (CBLO) are money market instruments used in the Indian financial system for short-term borrowing and lending, typically overnight, backed by collateral.
Possible Sources: Financial market references and RBI guidelines.